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Biotech / Medical : Ligand (LGND) Breakout!
LGND 204.63-1.1%11:20 AM EST

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To: bob zagorin who wrote (29928)1/7/2000 11:25:00 AM
From: Phil Cressman  Read Replies (1) of 32384
 
I'd expect a fair bit of profit taking since it's been a very nice run up. IMHO it's a bit early to fold since a lot of the increase is plainly due to more interest in the biotech industry as a whole. Ligand has a lot more news coming in the next few months and could well outperform most biotech stocks even given the sectors upward movement. Won't it be nice to see it stay over $20 rather than worrying about staying above $10. Great Y2K so far!
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